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KWG Resources Inc C.CACR

Alternate Symbol(s):  KWGBF | C.CACR.A

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

Bullboard Posts
Post by lowboyon Feb 08, 2012 8:00pm
395 Views
Post# 19506656

simple math?

simple math?

Take 100,000 shares, if the price goes up .01, that =$1000.00

If you convert to 50-1 you now have 2000 shares, to make that same $1000.00, the SP has to go up .50.

General talk on the board would suggest that the bare min. value of KWG would be .35,or $35,000.00 using the 100,000 share model.(where we are now)

To get that same $35,000.00 using the 2000 share model, the SP would have to rise to $17.50.

Is this correct??...trying to get a handle on this!

Bullboard Posts